Exploring Senior Living Innovation: Insights and Trends from HEALTHTAC West 2025

Shaping the Future of Senior Living: Insights from HEALTHTAC West 2025

In the beautiful surroundings of Newport Beach, California, industry leaders gathered for the annual HEALTHTAC West event to unpack the complex landscape of senior living. The panel discussion, moderated by Nicole Page, SVP of Sales at Dual Path, featured prominent figures in the field, including Eric Gruber of Acanthus Senior Living and Heather TerHark of Viva Senior Living. They explored crucial topics such as acquisitions, construction, and the evolving strategies that govern senior living communities.

The Shift Toward Repositioning

One key insight emerged during the panel discussion concerning the trend of repositioning older communities versus starting new construction from scratch. As Heather TerHark pointed out, while new builds may appear easier, repositioning existing buildings could be more cost-effective in the long run. Many senior living facilities, including skilled nursing facilities, can be redesigned and adapted for use as assisted living or memory care units, effectively leveraging existing structures to meet regulatory demands and customer needs.

TerHark emphasized, “Repositioning is something we have done very successfully.” She pointed out the significant potential of older buildings, many of which have been closed down in various states, to be revitalized with the introduction of new technology and updated operational strategies. The cost of undertaking such a project can be substantial—often in the range of $7 million to $10 million—but the strategic benefits and increased occupancy rates can be worth the investment.

The Role of Technology in Repositioning

Technology continues to be at the forefront of discussions about senior living. As Colin Marshall noted, effective technology integration is key to successful community transformation, helping to ensure that staff members are capable of using new systems efficiently. The 2025 Argentum Technology Report highlights that 76% of senior living leaders believe that artificial intelligence will play a transformative role in the industry over the next five years.

The challenge, however, remains in how to implement these technologies effectively within the communities, as many facilities face issues of interoperability, resistance from staff and residents, and the costs associated with rollout. Gruber expressed concern over the training needs of caregivers, emphasizing the importance of hiring individuals who are not only capable of delivering care but who are also comfortable navigating the technology that supports that care.

A Look at Industry Future: Predictions and Opportunities

As the panelists discussed the shifting dynamics of senior living, they highlighted the growing opportunity in blending modern technology solutions with traditional care approaches. While addressing the funding gap that still exists—identified as a major barrier to tech adoption—many leaders see collaborations with technology partners as the means to drive future innovation.

The importance of user-friendly technology resonated throughout the discussion. Operators are encouraged to focus on systems that are intuitive for their staff and residents alike, providing necessary training to ensure seamless integration. Furthermore, the potential for group purchasing organizations (GPOs) to drive down the costs associated with new technologies was noted as a valuable strategy for smaller facilities struggling with the upfront expenses.

Making Informed Choices: Senior Living in Muskegon

For those seeking senior living solutions in Muskegon, it’s essential to weigh options regarding housing costs and community offerings. How much does retirement housing cost in Muskegon? Monthly expenses will vary depending on the type of residence—independent living, assisted living, or memory care. Families should explore available programs that can assist with affordability in elder housing.

As Muskegon continues to grow as a destination for retirees, it’s crucial to dig deeper into the community choices that best meet your needs. Resources are available to help families navigate through the myriad of choices, including affordable senior living and options for combined independent and assisted living.

In Conclusion: The Call for Action

The dialogue from events like HEALTHTAC West shows the clear understanding within the industry: innovation is essential. As senior living transitions into a more tech-centric realm, the experiences and voices of those in the field shape this evolving landscape. For families considering options in Muskegon, we encourage you to explore the best senior living solutions tailored to your loved ones’ needs, ensuring a fulfilling retirement experience.